Highlights
- VHM drilled 333 aircore holes totaling 11,164 meters across Goschen Areas 1 and 3 in its 2026 program
- Twin comparison holes returned THM grades 5.6% higher in Area 1 and 3.6% higher in Area 3 versus historical drilling
- Results validate the existing geological model rather than expand the resource, a key de-risking step
- Iluka Resources provides a A$40 million funding package and take-or-pay offtake for rare-earth concentrate
- Remaining assays, mineralogy, metallurgy, and resource updates are the next key catalysts for VHM
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